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RARE PHOTOS: 7 | Vintage Vibes

Former NFL QB Colin Kaepernick The Latest SPAC Casualty, Costing Investors Millions

A SPAC that included a former National Football League quarterback is the latest to announce a liquidation. The SPAC was close to locking down a deal, but it might have fallen apart at the hands of the quarterback.

Benzinga

JD Vance's firm invested in food company now facing lawsuits

A high-tech sustainable food company in Appalachia that was promoted by JD Vance and financed with help from his venture capital firm is facing five lawsuits alleging it misled investors

The Independent UK

Conservative Platform Rumble Is The Target of Short Seller Allegations The Company Calls 'False Innuendos'

The video platform Rumble Inc. (NASDAQ: RUM), which went public in a de-SPAC deal last month, is down 15% Thursday afternoon alongside a fresh short report on the stock from The Bear Cave.

Benzinga

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The New 3 Musketeers: Kanye West, Donald Trump And Elon Musk — These 3 Unique Personalities Have This In Common

“All for one, and one for all” could have new meaning in the world of social media thanks to three unique, well-known personalities. What Happened: Kanye West, Donald Trump and Elon Musk are all familiar names to millions of people in America and around the world. All three could also…

Benzinga

Google is now distributing Truth Social, Trump's Twitter alternative

It is an about-face for the tech giant, which had blocked Trump's social media app from Google Play, its app store, over content that can incite violence.

WEKU

US Stocks Show Cautious Optimism As S&P 500, Dow Futures Surge Ahead Of Key CPI Data — Trump's SPAC Partner, Applied Materials And Chip Stocks In Focus Today

The U.S. index futures are pointing to a higher opening on Wall Street, reflecting traders’ hopes that the consumer price inflation data may prove benign.

Benzinga

Truth Social SPAC again delays shareholder vote

It is unable to access hundreds of millions of dollars tied to a prospective merger with a blank check acquisition company.

Axios

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Another 'Yuge' Setback For Donald Trump's SPAC Merger Deal: Will The Deal Fall Apart?

A SPAC set to take former President Donald Trump’s new media company public is facing another setback as it moves closer to liquidation.

Benzinga

Behind the scenes of how Trump’s Truth Social was born, and how it could fall apart

Former President Donald Trump’s quest to establish a Florida-based social media platform as a conservative alternative to Twitter will face a critical vote on Monday when investors decide whether to extend a deadline allowing more time for the federal government to sign off on the deal.

Miami Herald

Without 'The Apprentice' There Would Be No President Trump: New Book Details How Reality TV Helped Him Win In 2016

In her newly released book, “Confidence Man: The Making of Donald Trump and the Breaking of America," author Maggie Haberman recalls how the reality TV show “The Apprentice” helped shape the way voters saw former President Donald Trump.

Benzinga

Why US interest in Everton is set to continue as 'takeover' talks emerge

Everton have attracted interest from US investors in recent months

Liverpool Echo

Asia Innovations SPAC Listing: Based in Singapore, But Made in China

Key Takeaways: Developing markets social media company Asia Innovations is planning a U.S. SPAC listing that could provide it with up to $350 million in new funds Company could represent a new generation of founding teams with Chinese roots setting up internet companies in Singapore to avoid stricter Chinese regulations

Benzinga

Everton takeover clock is ticking as American interest and SPAC explained

Everton have reportedly held preliminary discussions with LAMF Global Ventures Corp

Liverpool Echo

Everton in 'takeover talks' with US group led by George Soros nephew and advised by Keith Harris

Everton have reportedly held preliminary talks with a US-based special purpose acquisition company with regards to a takeover

Liverpool Echo

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Benzinga

Billionaire VC Chamath Palihapitiya Sells Clover Health Shares: Is He No Longer Bullish?

Once touted as the SPAC King, Chamath Palihapitiya used blank check companies to take several private companies public. But as the SPAC craze dies out, the billionaire venture capitalist is now distancing himself from those particular investment vehicles.

Salon

Investors turn on Truth Social deal

Investors have "begun to waver as bad news keeps piling up around the deal," Politico reports

Benzinga

Cathie Wood To The Moon! Ark Invest Loading Up On This Space Company For Its ETFs

Ark Invest and Cathie Wood have bet on several space-related companies over the years. The ETF company also launched its own space ETF in 2021 to tackle the growing industry.

Benzinga

Hony Capital Switches SPAC IPO Focus from U.S. to Hong Kong

Key Takeaways: Everest Acquisition Corporation, a SPAC co-funded by Hony Capital and ABCI Capital, applied to list in Hong Kong with the aim of acquiring companies in the healthcare, consumer goods and green sectors

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Benzinga

Trump's Deadbeat SPAC Switches Address To A P.O. Box - From A WeWork Office Space In Miami

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles.

Businessweek

The SPAC King Folds, Ending the Blank-Check Frenzy

Chamath Palihapitiya pioneered a new way of raising money. Now he’s giving $1.6 billion back, and his preferred investment vehicle looks increasingly like a passing fad.

Benzinga

Trump-Linked SPAC's Investors Clamor For Better Deal As Time Runs Out: What It Means For DWAC And Truth Social

Digital World Acquisition Corporation (NASDAQ: DWAC), the SPAC that is set to merge with Donald Trump's company that owns the Truth Social platform, is reportedly facing pressure from investors amid its failure to complete the deal.

Benzinga

Chamath Palihapitiya Liquidating 2 SPACs: Are Dreams Of Creating The Next Berkshire Hathaway Over?

Known by many as the SPAC King, Chamath Palihapitiya was one of the biggest names associated with the growing number of blank check companies taking private companies public. When SPACs were hot with the market, Palihapitiya was loved by investors and companies.

Benzinga

Deadbeat SPAC: Donald Trump's Social Network Isn't Paying Its Bills. Is This The Final Setback?

A SPAC set to take former President Donald Trump’s new media company public could be facing another setback. Here’s the latest.

The Guardian - US

Is Truth Social another of Trump’s bungled businesses?

Dogged by an SEC investigation, the platform may be more of a campaign tool than a sound investment, analysts say

Benzinga

Hong Kong SPAC Market Wilts as Global Fever Ebbs

Key Takeaways: Only three Hong Kong SPACs have listed since the city launched a local program early this year, and all now trade below their listing prices U.S. SPACs have raised $12.5 billion so far this year, less than 10% of what they raised in 2021, as the global SPAC…

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